July 19, 2012
Bankrupt resort operator MSR Resort Golf Course LLC and a Hilton Worldwide Inc. unit remain more than $288 million apart after submitting dueling post-trial estimates Thursday of losses Hilton would suffer from MSR's proposed rejection of a property management deal.
February 27, 2012
Real estate mogul Donald Trump's Trump Organization will purchase the Doral Hotel & Country Club in Miami for $150 million from the bankrupt resort operator MSR Resort Golf Course LLC, the company announced Monday.
February 23, 2012
Bankrupt resort operator MSR Resort Golf Course LLC won more time Thursday to exclusively file a restructuring plan while it continues to battle a Hilton Worldwide Inc. unit over a property management deal.
February 17, 2012
MSR Resort Golf Course LLC on Thursday urged a New York federal judge to sign off on a property management settlement with Marriott International Inc. that would remove a major roadblock to the bankrupt resort operator's restructuring.
February 02, 2012
Bankrupt resort operator MSR Resort Golf Course LLC on Wednesday told a New York judge it needed more time to formulate a restructuring plan as it tries to nix property management deals with a Hilton Worldwide Inc. unit and Marriott International Inc.
December 19, 2011
A New York bankruptcy judge said Monday that MSR Resort Golf Course LLC could auction off its Doral Golf Resort & Spa using a lowered $150 million stalking horse bid from real estate mogul Donald Trump.
December 02, 2011
Bankrupt resort owner MSR Resort Golf Course LLC, itself owned by Paulson & Co., sued a unit of Hilton Worldwide Inc. on Thursday for trying to enforce tenant-lender agreements that it allegedly failed to previously disclose for three luxury hotels that were part of a $2.5 billion acquisition.
October 24, 2011
Paulson & Co.-owned MSR Resort Golf Course LLC on Friday was hit with several objections to an announcement that the bankrupt company had reached a settlement with MetLife Inc. allowing it to retain control of its Chapter 11 proceedings.
October 21, 2011
Paulson & Co.-owned MSR Resort Golf Course LLC on Tuesday asked for a bankruptcy court's permission to sell the iconic Doral Golf Resort & Spa in Miami to celebrity real estate mogul Donald Trump for $170 million, unless a superior offer surfaces at auction.
October 11, 2011
Paulson & Co.-owned MSR Resort Golf Course LLC asked a New York bankruptcy court on Friday to approve a key settlement with MetLife Inc. that would allow MSR to retain control of its Chapter 11 proceedings.